Your choice of business structure can have a profound impact on financial, taxation and liability issues. The principal categories of business structures include: Sole proprietorship - A sole proprietorship foregoes a lot of the paperwork and expense involved in more...
S-Corporations, under the right circumstances, can offer significant tax savings to a business entity. An eligible domestic business entity - usually a corporation or limited liability company - elects to be taxed under the S Chapter of the Internal Revenue Code by...
If you're considering forming an S-Corp (with the aid of a skilled tax lawyer at our firm), you may be motivated by the idea of avoiding self-employment taxes. This is certainly an attractive feature of S-Corp business formation - but it's not without its potential...
Medicine is a profession, but in order to practice medicine, one must take into account business considerations. One of the most important such considerations is how your practice will be legally organized. For many of those wishing to set up a medical practice, a...
A south Texas school district secretary attempted to file an age discrimination claim earlier this summer, claiming that she was fired due to her age. However, the replacement employee was actually older by four years than the secretary herself. The secretary was...
Business acquisitions can be complex transactions. Whether you're buying a business or selling a business, it pays to have an experienced business attorney on your side. Here are some basic considerations we can help you with. Buying a Business Business purchases may...
Even the smallest enterprises can benefit from clear, detailed business contracts that spell out each party's rights, expectations, and obligations. But you might be surprised by how many different contracts you need to create and share. Let's take a quick tour of...
The Universal Recycling Ordinance ("URO") is not new. In fact, it was approved by the Austin City Council in 2010 and amended in 2013. Their stated goal is to increase the life of local landfills, reduce harmful environmental impacts and boost economic development. To...
Starting a business can be a tremendous thrill for the born entrepreneur - but it also presents some potential pitfalls that require new business owners to look before they leap. Here are some basic questions you'll want to consider as you're preparing this major...
